DBT Slow MoMo Finding Tops on Bitcoin
Updated
Just a quick look at the DBT MoMo Slow Line (which is the overall trend) and its calls on the last five Bitcoin tops.
Each Sell signal was preceded by only a few candles, average of 6. Another thing to note is that it is calling tops much easier than bottoms due to it being a significant bear market. We can only guess how it will call bottoms in the bull market.
Each Sell signal was preceded by only a few candles, average of 6. Another thing to note is that it is calling tops much easier than bottoms due to it being a significant bear market. We can only guess how it will call bottoms in the bull market.
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